CarePoint Partners Acquires Houston-Based ivA Lifetec, Further Expanding Network of Regional Home Infusion and Specialty Pharmacy Providers
Company attributes 'hospital-to-home' collaborative approach as a key to success
CINCINNATI, Jan. 17, 2011 /PRNewswire/ -- CarePoint Partners (CarePoint) announced that it has completed the acquisition of ivA Lifetec (Lifetec), a healthcare company that provides home infusion and specialty infusion in conjunction with home health nursing throughout the Houston, Texas metropolitan region. With this acquisition and the acquisition of a Dallas-Fort Worth infusion services company in October of 2010, CarePoint Partners is now a leader of home infusion services in the Texas market and across the eastern and southern regions of the United States. CarePoint has completed ten acquisitions since its inception in December 2007 and now provides home infusion therapy and specialty pharmacy services via 17 sites in seven states.
According to CarePoint CEO, Dana Soper, "Our business model is to closely partner with healthcare professionals in the patient continuum of care involving in-home or alternate-site infusion therapy. What really makes us different is the fact that we go beyond the fundamental drop-ship dispatch services. We employ a collaborative 'hospital-to-home' program that optimizes outcomes and patient satisfaction." CarePoint provides a smooth patient transition from the hospital to home by collaborating with the hospital, physicians, discharge planners and home health agencies to assure accuracy of the care planning process. "Both the patient and the hospital benefit by this program," explains Soper. "It prevents 'bed lock' or triage of patients by transitioning a patient to home with infusion therapy and allows the patient to convalesce at home versus an acute hospital or long term facility."
John Gee, co-founder of Lifetec, said, "We are very excited to team up with CarePoint Partners. Its reputation for providing high-quality patient care is well-known, and we feel our values closely align with those of CarePoint. Perhaps more importantly, our patients and partners will now benefit by the access we have to resources previously unavailable to us. It's the best of both worlds," he concluded.
Lifetec is an accredited home infusion pharmacy with a specialization in pediatric infusion care. Because they provide nursing services, Lifetec can render care in collaboration with the pharmacy services to further complement the continuum of care. In all, Lifetec's infusion nurses administer Total Parenteral Nutrition (TPN) Immunoglobin Therapy/IVIG, Anti-Infective/Antiviral Therapy, Inotropic Therapy, Hemophilia Treatment (Factor VIII & IX), Chemotherapy, Pain Management, Enteral Nutrition and Hydration Therapy.
About CarePoint Partners
Started in 2007, CarePoint Partners operates a network of home infusion and specialty pharmacies in the eastern and southern regions of the United States. Based in Cincinnati, Ohio, CarePoint provides these services via 17 sites in seven states including Florida, Louisiana, Ohio, Pennsylvania, Rhode Island, Texas and West Virginia. Infusion therapy involves the administration of medications and nutrients using intravenous, subcutaneous and epidural methods. Home infusion therapy allows patients to receive IV medications without the inconvenience or cost of a hospital visit.
For additional information on CarePoint, visit the company website at www.carepointpartners.com.
SOURCE CarePoint Partners
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